Flipkart lays off 250-300 employees

Walmart-backed e-commerce major Flipkart is letting go of around 250-300 employees across business functions as part of its annual performance review, according to people close to the matter. These exits account for around 1.5% of its roughly 20,000-strong workforce.

“Flipkart conducts regular performance reviews aligned with clearly defined expectations. As part of this process, a small percentage of employees may transition from the organisation,” a company spokesperson said, without confirming the number of employees affected. Besides an annual performance review, it conducts a mid-year check-in.